#TheFutureIsClean #LeaveOilInTheGround #LeaveGasInTheGround
“We built our last gas-fired facility in 2022, at $785/kW. If we wanted to build that same gas-fired combined cycle unit today…$2,400/kW,” he said. “The cost of gas-fired generation has gone up three-fold.”
Not only are gas turbine costs shooting up, but the backlog of orders means that they are hard to come by in the near-term. On top of that, gas plants can take several years to build."